Healthcare Triangle (HCTI) said Friday it closed the private placement of its 15% original issue discount senior convertible promissory notes of $4.235 million, for gross proceeds of about $3.6 million.
Net proceeds will be used to repay debt, for potential strategic acquisitions and general working capital purposes, the company said.
Price: 2.44, Change: +0.01, Percent Change: +0.41
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments